Damon Technology Group (688360.SH) Wins USD 40.87 Million Smart Logistics Project Contract from Major Latin American E-commerce Giant

Stock News09-10

Damon Technology Group Co.,Ltd. (688360.SH) announced that the company has successfully secured a smart logistics project contract from a prominent Latin American e-commerce giant. The contract involves providing intelligent logistics cross-belt sorting systems and related services, with a total value of USD 40.8699 million (approximately RMB 290 million).

This awarded project falls within the company's core business operations of intelligent logistics solutions, representing a significant milestone in Damon Technology's global expansion strategy. Should the formal contract be executed and implemented successfully, the project is anticipated to generate positive contributions to the company's operational performance throughout the contract execution period.

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